this post was submitted on 22 Dec 2023
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Canada

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Canada's economy was essentially unchanged for the third consecutive month in October, missing growth forecasts, but gross domestic product likely edged up in November, Statistics Canada data showed on Friday.

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[–] avidamoeba 3 points 1 year ago* (last edited 1 year ago)

Given how much of the inflation was driven by profit maximization and supply chain breakdown, it's nice to see that BoC's interest policy hasn't been able to create a recession yet.